stock market closed calendar

Notice of Delisting or Failure to comply with a rule or standard for continued sale?

What happens to a company that does not meet the Nasdaq requirements for continued publication. The company has 180 calendar days from Monday, April 20, 2009, or until October 19, 2009, to regain compliance the requirement of the bid price. The price of its common stock closed below the minimum $ 1.00 per share price requirement for continued publication on the Nasdaq Rule 4450 (a) and ordinary shares of the company had not maintained a minimum market value of shares traded $ 5 million as required for continued inclusion by the same rule.

Once delisted, the population enters the world of hitting hard penny stocks. traded OTC (over the counter) or pinksheets. These are low priced investment risk high. Your property does not change and you have the same equitable claims part of company assets, even if it dissolves. You retain the right to vote at the annual meetings of shareholders. Although the intrinsic value has not changed, with delisting, market forces tend to push further under the water for the people who paid their hard earned money for is quite close value.

Real Unemployment Rate – Stock Market – Mayan Calendar

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